So, You’ve Decided To Buy A RV!
Your next decision is how best to pay for it? You likely have options, but here’s one you may not have known about. When you purchase through Travel-Mor Trailer Sales, you have access to a special level of the banks! This ideal financing has many advantages for you, including:
- Flexibility; customized to your liking
- No collateral except your purchase
- Fully open; no penalties for early payout
- Attractive fixed rates for peace of mind
- Extended amortization for comfortable payments
- Bridge finance options
- Easy in-store paperwork
So, why tie up your hard earned cash? Keep it for investment opportunities or, heaven forbid, and emergency! They do happen…
Work With A Pro!
When it comes to financing, Travel-Mor Trailer Sales works with Canada’s largest RV finance broker, Walker Financial Services! They are in tune with the banks’ (and in some cases, non-bank alternatives) special programs. They are happy to discuss your ownership options, no obligation. This will enable you to obtain a competitive loan package that suits your needs.
Because you never know what’s around the next corner, WFS is able to offer you loan repayment protection providing security to you and your family should an unplanned income interruption occur and extended warranties providing protection for your RV!
If you’re unsure about your specific needs, an RV financing expert can help you navigate that road. They can also complete a loan application with you and get it processed quickly, sometimes in a matter of hours!
By choosing a broker who understands the needs of RV owners, you can be sure that your finance plan will fit your budget and your lifestyle. More importantly, you’ll be the proud owner of a new RV that will ultimately be the source of many fond memories.
Frequently Asked Questions
- What factors can impact monthly payments for RV financing?
- The main factors that will impact the overall amount of your monthly payments or installments include the length of the loan, the interest rate, and the amount financed.
- Why finance an RV with Travel-Mor Trailer Sales?
- We work with one of the largest RV finance brokers in Canada – Walker Financial Services. Our financing process is simple, fast, and we offer competitive interest rates available on RVs, trailers, and motorhomes. By choosing RV specialists and brokers who understand the needs of RV owners, you can be sure that your financing plan will match your specific needs.
- How long will my RV financing term be?
- It depends on the age of the RV, the size of the RV loan, and where you purchase your RV from. A typically RV financing term can vary anywhere from 5 – 20 years (being closer to 20 years for more expensive vehicles).
- How long does it take to finalize a loan for an RV?
- It usually takes between 24 – 48 hours to get approved for an RV loan with Travel-Mor Trailer Sales. Once you’ve been approved, we can arrange insurance confirmation and create a structured payment plan that works for your budget and schedule.
- When’s the best time to buy an RV?
- In the winter or RVing off-season. Summer is considered the high season for RV sales as everyone is itching to hit the road and make full use of the RVing season. If you want to get the best bang for your buck, we suggest planning ahead of time and looking into purchasing an RV in the winter. As the season slows down, sales are typically lower and you’re more likely to get a great deal on an RV.
- What is an RV loan?
- An RV loan is slightly more complex compared to a typical auto loan. An RV loan usually involves much higher loan amounts, ranging anywhere from $30,000 to $300,000 or more. Speak with our RV finance brokers and RV experts to find an RV that works for your budget and to have a payment plan that suits your needs.
- What can increase your chances of getting a loan for an RV?
- When applying for an RV loan, these factors can help the likelihood of being approved for an RV financing plan:
– A Sizeable Down Payment
– Steady Income
– Good Debt to Income Ratio
– A Great Credit ScoreSpeak with an RV finance broker at Travel-Mor Trailer Sales to learn everything you need to know about financing an RV and getting approved for an RV loan.
